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Renovation Work Completed at West Los Angeles Office Building 2/25/10 TPMC California just completed a $5 mil redevelopment project at a 107k sf office building in West Los Angeles. Located at 12301 Wilshire Blvd, two blocks west of Bundy Dr, the 1970’s era building underwent a complete transfo...
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New Court is in Session at Symphony Towers 2/25/10 The State of California recently constructed a new appellate court at Symphony Towers, located at 750 B St in downtown San Diego, which combines space on four different floors and expands the court’s existing occupancy in the...
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Skyworks Renews Its 60k sf Space in Thousand Oaks 2/25/10 Skyworks Solutions Inc agreed to a 10-year renewal for its current 60k sf R&D building in Thousand Oaks. Located at 649 Lawrence Dr, the two-story building is part of The Arbors, a four-building, 270k sf office park owned and...
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San Diego-Area Office Building Sells for $273/sf 2/24/10 In a recent San Diego office buy, an investor purchased a 12.8k sf two-story office building located at 10803 Thornmint Rd, north of Camino del Norte and east of Camino San Bernardo in the 4S Ranch community, for $3.5 mil ($2...
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Torrance Acquires Site for Future Transit Center 2/23/10 The City of Torrance has acquired a strategically located 15-acre parcel of land on Crenshaw Blvd, of which five acres is being considered for the site of a proposed new “Regional Transit Center” to serve the changing transpo...
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LEED Silver Worthe the Wait for Santa Monica Office Building 2/23/10 A 313k sf Class A office building in Santa Monica became the first commercial building in the city to be awarded LEED-EB Green Building Certification by the U.S. Green Building Council. The five-story structure, located at 27...
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Wilson Commercial Enjoyed a Successful 4th Quarter 2009 2/22/10 SoCal-based Wilson Commercial Real Estate closed out 2009 with a successful fourth quarter, having brokered 13 big box leases during that time. Currently, the company handles leasing for over 90 retail properties totaling 8....
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Skin Care Products Company Storms into Torrance 2/22/10 Murad, a leading skin care company, has acquired a new 57.3k sf facility at Storm Business Park in the city of Torrance. The structure, one of three state-of-the-art buildings totaling 175k sf that were just completed at the ...
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New Fullerton Biz Project Sees Five Sales 2/19/10 Offering evidence of ongoing demand for smaller, modern industrial facilities in Orange County, five buildings totaling 31.2k sf at a newly developed Fullerton business park recently sold for a combined $4.5 mil. The building...
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DEXUS Rings Up $20 Mil from Carlsbad and Vista Sales 2/19/10 Solatube has used the building, constructed in 1999 on 3.4 acres, as its corporate headquarters. The company plans to improve the building to consolidate offices from other facilities. Solatube is one of the world’s leading m...
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Big Inland Empire Lease gets the Royal Treatment 2/18/10 Royal Appliance Manufacturing Company inked a new lease for 415.8k sf of industrial space in a San Bernardino facility that just traded hands last year. The five-year deal represents one of the largest new leases in the Inlan...
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85-Year-Old Brokerage Firm Back in Business 2/17/10 Molly Hobin is re-launching The Hobin Company, one of California’s oldest real estate brokerages, which was originally incorporated in 1925 as the successor to the R.B. Oullahan Company established in 1891 in Stockton. The co...
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OC Commercial Condos Sell Through Auction Platform 2/17/10 Since August 2009, ten of thirteen available properties at the Von Karman Center in Irvine and the Valencia Business Center in Tustin have sold and closed through AuctionPoint, the online auction platform. The condos, owned b...
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New Plans for Century Plaza Hotel Property Include Preservation of Iconic Building 2/12/10 It looks like the controversy over future plans for the historic Century Plaza Hotel property in Century City may be closer to reaching a resolution, as the new owners of the hotel, Next Century Associates, along with the Los...
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Far West Develops Newport Beach Office Building 2/12/10 Far West Industries is developing a two-story, 21.7k sf office building in Newport Beach on an existing site that is currently underdeveloped. The Class A, multi-tenant building is located at 1401 Dove St, just east of the 73...
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Logistics Firm Inks Five-Year Renewal for 80k sf of South Bay Space 2/11/10 In a recent industrial renewal deal in LA’s South Bay region, City Logistics and Transport agreed to a $2.65 mil, 64-month extension for 80k sf ($0.52/sf/mo) of warehouse/distribution space in Rancho Dominguez. The property i...
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Preservation Underway on Historic Ontario Buildings 2/10/10 Preservation work is now underway on nine buildings totaling approximately 175k sf within the city of Ontario’s Historic Guasti District. These historic buildings, once part of a thriving winery town, will be an important com...
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Two Local Industrial Users Ink Leases for Over 100k sf of OC Space 2/10/10 Here’s the scoop on two sizable OC industrial leases from about a month ago. The transactions took place in Anaheim and Santa Ana, and were each for at least 100k sf.
We’ll start in Anaheim, where Accurate Metal Fabricators ...
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Landmark Retail Group Overseeing Aggressive CA Expansion for CVS/pharmacy 2/09/10 SoCal-based Landmark Retail Group (LRG) enjoyed a successful partnership with CVS/pharmacy in 2009, having opened seven new stores in the region over the course of the year. LRG also has 20 more CVS store sites approved in So...
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Cerritos Industrial Facility Sells for $7 Mil 2/09/10 United Exchange Corporation, an import/export firm, has acquired a 100k sf industrial building in Cerritos for $6.95 mil ($69.50/sf). . The property is located at 17211 Valley View Ave, north of Artesia Blvd on the southwest...
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